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Buhari Advises Nigeria’s Business Leaders To Follow Dangote’s Example

Buhari Advises Nigeria’s Business Leaders To Follow Dangote’s Example

President Muhammadu Buhari Friday in Abuja urged entrepreneurs and buyers to channel concepts and sources into areas of the economic system that stimulate progress, with long-term impact on job creation and poverty discount, assuring that fixing infrastructure stays authorities’s prime precedence.

Receiving the Chairman of Dangote Industries Ltd, Aliko Dangote, and Board members of the Group on the Presidential Villa, the president stated the challenges in transportation and vitality will proceed to draw consideration for a turnaround, whereas urging entrepreneurs within the nation and overseas buyers to give attention to areas that can depart lasting legacies of reworking lives.

“Mr. Chairman, Let me once more, thanks and your board for the braveness and foresight that enabled you to embark on these mega funding initiatives which could have enduring advantages to generations of Nigerians.

“Entrepreneurs equivalent to Alhaji Aliko Dangote are distinctive presents to their societies and the establishments they construct, and so they typically develop into the pillars of steady enduring affluent economies.

“I, subsequently, urge different Nigerians within the enterprise sector to emulate this iconic entrepreneur by investing in such enterprises that can in time develop into worthy legacies as nationwide property which is able to proceed to profit their folks for technology after technology, creating agency anchors of putting up with prosperity for his or her residents,’’ he stated.

President Buhari informed the delegation, which was on a courtesy go to, that reforms have been already occurring within the public sector to reposition it right into a more practical and consequence oriented engine room that can encourage extra investments.

“I’m keenly conscious of the various challenges within the enterprise surroundings and the funding local weather regardless of the sustained efforts by this authorities to result in enhancements.

“I need to guarantee you, nevertheless, that authorities will do all the things attainable to boost the event in infrastructure, particularly in vitality and transportation sectors.

“We may even proceed to implement wanted reforms within the public service to considerably enhance the benefit of doing enterprise,’’ the president added.

President Buhari lauded Mr Dangote for all the time investing in areas that convey the best advantages to Nigerians.

“I recall, with nice pleasure, my go to to the Dangote Free Zone nearly 4 weeks in the past, to fee the Group’s new 3 million metric ton fertilizer plant. Let me, as soon as once more, congratulate you and your Board for a really profitable commissioning ceremony.

“As I stated at that occasion, the approaching on stream of this plant was an enormous alternative to ramp up the productiveness of our agricultural sector. It’s, subsequently, a most welcome booster to our authorities’s technique for attaining meals safety and lowering poverty.

“Given latest developments globally, particularly the impact of the continued conflict in Europe on world-wide meals provide chain, I have to commend your foresight for bringing the plant into operation on the time you probably did.

“I observe that market realities will convey strain to bear on Dangote Fertilizer Restricted in searching for to satisfy the calls for of your export clients.

“Nonetheless, given your group’s well-known patriotic imaginative and prescient, I’m assured that your Board will proceed to accord precedence to assembly native calls for of our farmers,’’ the president famous.


President Buhari additionally counseled the Dangote Group for extending investments to different African nations, whereas highlighting the imaginative and prescient behind the refinery.

“Mr Chairman, I have to specifically commend you and your Board for the event of the Dangote Refinery and Petrochemical advanced. I had a great view of this unbelievable metropolis of metal and concrete when my helicopter circled over it throughout my go to for the commissioning of the fertilizer plant.’’

In his remarks, the chairman of Dangote Industries Ltd stated the board was on the State Home to precise profound appreciation to the president for the nice honour to the Dangote Group when he commissioned the brand new 3m MTPD fertilizer plant, which was the newest subsidiary firm of the Dangote Fertilizer Ltd.

“We additionally seize the chance to reiterate our immense gratitude for the sustained effort of your administration by varied coverage initiatives aimed toward progressively bettering the enterprise surroundings and funding local weather, regardless of some unprecedented challenges our economic system has been confronted with over the previous decade.

“We’re additionally deeply grateful in your direct interventions at varied occasions when our operations have been challenged by some unintended penalties of financial coverage positions.

“Your interventions haven’t solely helped to resolve enterprise challenges, however have been a supply of nice encouragement in our willpower to proceed to spend money on our economic system for the good thing about our nation and our folks,’’ he famous.

Mr Dangote stated the board appears ahead to the return of President Buhari to fee the oil refineries and petrochemicals mission, which is able to rework the Nigerian economic system.

“By the outputs of our varied companies, our Group is proud to be making vital contributions to the diversification and progress of our nation’s economic system, which is second solely to Federal Authorities within the dimension of our workforce,’’ he added.

The chief of the Dangote Group stated with extra investments in agriculture and oil and fuel sectors, extra influence can be made on the economic system.

Mr Dangote submitted that the group of industries will all the time maintain on to the president’s mantra on the economic system to “produce what we eat and eat what we produce.’’

Femi Adesina

Particular Adviser to the President

(Media & Publicity)

April 22, 2022


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